I call myself out of this game.

[RodeoX]

I'm going to be "in the game" as long as I need to buy things on the internet, which is likely forever.

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[cedivad]

So, OP is afraid that he'll make too much money?

Afraid of easy money. Bitcoin looks like to be easy money right now, and that to me looks like the biggest red alert for a bubble to explode.
Price keeps doubling... Everyone will be rich soon.

[adamstgBit]

[rpietila]

Did I put in more than 5% of my net worth into Bitcoin when I first heard about it and invested? No! Do I regret not putting in more? Hell yes! I suffer the consequences.

When I first heard about bitcoin, I could have bought it, lol. No, seriously, I could have bought maybe 5% of the supply and drive the price up 10000%.

Too bad, somebody else did. I suffer the consequences.

[ajk]

Did I put in more than 5% of my net worth into Bitcoin when I first heard about it and invested? No! Do I regret not putting in more? Hell yes! I suffer the consequences.

When I first heard about bitcoin, I could have bought it, lol. No, seriously, I could have bought maybe 5% of the supply and drive the price up 10000%.

Too bad, somebody else did. I suffer the consequences.

People say the same thing with apple and google stock,
many missed out on the chance of millions from almost nothing,

Something sounds similar...

[piramida]

google stock only went up 7.8 times up, so no, nobody missed nearly as much as with bitcoins

[Littleshop]

google stock only went up 7.8 times up, so no, nobody missed nearly as much as with bitcoins

While from the penny area nothing is going to beat bitcoin, From the dollar area where the ball really started rolling long term AAPL owners did better.

Nothing will beat bitcoin going from less then a fraction of a penny to $25, except....... bitcoin!

[mccorvic]

So, OP is afraid that he'll make too much money?

Afraid of easy money. Bitcoin looks like to be easy money right now, and that to me looks like the biggest red alert for a bubble to explode.
Price keeps doubling... Everyone will be rich soon.

Yes, easy money that people have spent years working with, buying, selling, starting business for. SO EASY!

[The-Real-Link]

I certainly understand the scared sentiment but true, things don't need much time to become well-known today.

I mean (ok slightly off-topic), just yesterday, I had heard about Ultra Ever Dry, but they had put a video on Youtube only 3 months ago.  It went from like 500K views or so I heard to being featured on a few blogs, then BAM. 3 million views.

Or heck, any music sensation video for that matter.

The point is that sure, while it is easy to worry and have too much confidence, there's just a finite supply of coins and tons of demand and awareness at this point to slow it down.

[notig]

A market where everyone thinks that he is gonna be rich in the next few years cannot work.
It made sense for me to invest in the past when I felt alone in this tough, but now, now everyone went mad.

"everyone" and the current market are a fraction of what the future market will be. Saying that you don't think early adopters could get rich basically means you are saying the price can't continue to rise. If the price can't continue to rise what you are basically saying is that the future market will not grow. I'd bet against that. With a larger market in the future and a fixed supply... there will be an automatic increase in demand. Price rise is inevitable with market growth.

[Timo Y]

Just hold onto 50btc. 1 block. 1/420,000. Then if bitcoin lifts off, you're rich.

I have more and I will hold them for the next 20 years. Because I belive.

But what will happen to the random guy that invested more than he can lose @ 20$? A lot of people will be hurted by this bubble, this is why I don't want to invest now and I call myself out.

If you think this is a bubble, and if you have bitcoin savings, the rational thing to do would be to sell part of your bitcoins on the way up, and buy them back once the bubble pops.

That would help to dampen the bubble.

By "calling yourself out" you are neither helping yourself nor the bitcoin economy.

[xxjs]

Just hold onto 50btc. 1 block. 1/420,000. Then if bitcoin lifts off, you're rich.

I have more and I will hold them for the next 20 years. Because I belive.

But what will happen to the random guy that invested more than he can lose @ 20$? A lot of people will be hurted by this bubble, this is why I don't want to invest now and I call myself out.

You call yourself out, but hold more than 50. So you don't listen to yourself? You have to yell louder.

[CurbsideProphet]

But what will happen to the random guy that invested more than he can lose @ 20$?

That person will learn a valuable, albeit painful, lesson and hopefully will not repeat that mistake in the future.

[solex]

But what will happen to the random guy that invested more than he can lose @ 20$?

That person will learn a valuable, albeit painful, lesson and hopefully will not repeat that mistake in the future.

How many people spend $20 on cigarettes, or a horse race, or a bottle of whiskey?
All these are more of a "mistake" than an investment with a possibility/probability of making a profit. You can't be worried about other people's decisions.

[ajk]

google stock only went up 7.8 times up, so no, nobody missed nearly as much as with bitcoins

You are not to bright if you thought that was my main point

When I first heard about bitcoin, I could have bought it, lol. No, seriously, I could have bought maybe 5% of the supply and drive the price up 10000%.

Too bad, somebody else did. I suffer the consequences.

my main argument was that during the run up of apple and google there were people who said exactly this

im saying bitcoin is similar, you still wanna throw that bet down  you never replied to that you nancy

[piramida]

You are not to bright if you thought that was my main point

Not quite bright yourself, or maybe unfamiliar with markets, if you think GOOG play was a "chance of millions from almost nothing". No, it never was. I know you just can't pick the words right, but don't make that my problem suddenly.

[Spaceman_Spiff]

Relevant chart:

I own a airplane ??   Sweeet !!!!

[damnek]

Relevant chart:

I own a airplane ??   Sweeet !!!!

I guess the demographic here is early bitcoin adoptors 

[Jutarul]

So, OP is afraid that he'll make too much money?

Afraid of easy money. Bitcoin looks like to be easy money right now, and that to me looks like the biggest red alert for a bubble to explode.
Price keeps doubling... Everyone will be rich soon.

So you expect a consolidation soon?

Asset prizes tend to grow from undervalued to overvalued (at that time) and then either consolidate to a lower price (where people absorb loses) or stay at a higher price point until the valuation has caught up (which means the bubble didn't pop).

Anyway - if you're longterm bullish, it always makes sense to buy more bitcoin - but at a constant USD amount per month.. Buying leveraged is gambling.

[solex]

Here is a slightly more updated technology adoption chart.
It makes the point that newer technologies have a faster mass adoption phase.
Bticoin is the newest of all. Even nanotechnology has an earlier beginning.